📤Binance Wallet suspends employee due to fraud allegations

❤️Binance did not name the token involved in the allegations and confirmed that there was no insider trading.

💡What you need to know:

🪙Binance Wallet has suspended an employee accused of using confidential information from their previous position at BNB Chain to gain an advantage in the launch of tokens.

🪙The employee allegedly bought large volumes of tokens ahead of the token generation event (TGE) and sold part of them for quick profit.

🪙Binance's investigation found no evidence of insider trading, and the company plans to cooperate with authorities to file a lawsuit.

✍️What do you think about this❓